New Member of Leadership Team Aims for Continued Card Personalization
Excellence and Superior Customer Service in CPI’s Nashville Location

July 21, 2016 04:15 PM Eastern Daylight Time

LITTLETON, Colo.--(EON: Enhanced Online News)--CPI
Card Group (Nasdaq:PMTS) (TSX:PNT), a global leader in financial and
EMV® chip card production and related services, today announced the
appointment of Tom Knaus as vice president and general manager of
Financial Card Operations in Nashville, Tenn. Knaus brings more than 25
years of experience to the role, in which he will lead CPI’s
Nashville-based personalization and fulfillment operations, managing
teams responsible for the fulfillment of banking cards for over 4,000
U.S.-based financial institutions. He will also have operational
responsibility for CPI’s instant issuance service, Card@Once®, which is
deployed at over 4,000 banking locations.

“Tom’s experience and perspectives
will strengthen our continued efforts to deliver world-class products
and services to our customers, and enhance and leverage our capabilities
for continued growth.”

“We are thrilled to have Tom join CPI, considering his deep and broad
card personalization and fulfillment expertise along with his strong
leadership capabilities and strategic insights,” said Steve Montross,
president and CEO of CPI Card Group. “Tom’s experience and perspectives
will strengthen our continued efforts to deliver world-class products
and services to our customers, and enhance and leverage our capabilities
for continued growth.”

Knaus is a proven card industry executive that has managed global card
manufacturing operations and, in his most recent position, built a
highly successful card personalization and fulfillment business from the
ground up. In previous roles, Tom held senior leadership roles in card
manufacturing, personalization and fulfillment, and business development
at Deluxe, Oberthur Technologies, and most recently CPS Cards, Inc.,
where he was president.

About CPI Card Group

CPI Card Group is a leading provider in payment card production and
related services, offering a single source for credit, debit and prepaid
debit cards including EMV chip, personalization, instant issuance,
fulfillment and mobile payment services. With more than 20 years of
experience in the payments market and as a trusted partner to financial
institutions, CPI’s solid reputation of product consistency, quality and
outstanding customer service supports our position as a leader in the
market. Serving our customers from ten locations throughout the United
States, Canada and the United Kingdom, we have the largest network of
high security facilities in North America, each of which is certified by
one or more of the payment brands: Visa, MasterCard, American Express,
Discover and Interac in Canada. Learn more at www.cpicardgroup.com.

EMV is a registered trademark or trademark of EMVCo LLC in the United
States and other countries.